WASHINGTON – Today, Secretary of the Treasury Janet L. Yellen met with Minister of Finance Mehmet Şimşek and Central Bank Governor Fatih Karahan of Türkiye on the margins of the 2024 Annual Meetings of the International Monetary Fund and the World Bank. Secretary Yellen commended Türkiye’s commitment to strong and predictable economic policies, which have driven a marked improvement in Türkiye’s economy and helped to put inflation on a downward path. Secretary Yellen and Minister Şimşek also discussed the importance of sanctions compliance and preventing abuse of the Turkish financial system by sanctions evaders and terrorist groups.
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